Montana Sample Letter for Revised Promissory Note

• Category: Promissory Notes - Revisions
• State: Multi-State
• Control #: US-0427LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Revised Promissory Note — [Loan Details] Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. I am writing to inform you about the changes made to the original promissory note pertaining to our loan agreement dated [Date of the original promissory note]. As per our recent discussions, it has become evident that certain modifications need to be made to ensure the smooth continuation of our financial arrangement. We have thoughtfully reviewed the terms and conditions outlined in the original promissory note and propose the following amendments: 1. Revised Principal Amount: — Original Principal Amount: $[Original Principal Amount] — Revised Principal Amount: $[Revised Principal Amount] 2. Revised Interest Rate: — Original Interest Rate: [Original Interest Rate]% — Revised Interest Rate: [Revised Interest Rate]% 3. Revised Payment Schedule: — Original Payment Schedule: [Original Payment Schedule] — Revised Payment Schedule: [Revised Payment Schedule] 4. Additional Clauses: — [Mention any additional clauses or conditions being introduced or altered] By incorporating these changes, we believe that the revised promissory note will accommodate any unforeseen circumstances while maintaining a mutually beneficial agreement. However, please review the revised terms carefully and seek legal advice before accepting them. Should you be in agreement with the proposed modifications, please signify your acceptance by signing and returning the enclosed copy of this letter along with the revised promissory note. Upon receipt of your acceptance, I will provide you with the revised promissory note, and we can proceed with the necessary documentation. In case any clarifications are required or if you have any concerns regarding the revised promissory note, please do not hesitate to reach out to me. I am readily available at [Your Phone Number] and [Your Email Address]. I believe that open communication is essential to maintain transparency and ensure a successful working relationship. Thank you for your prompt attention to this matter. I look forward to your positive response and the chance to finalize the revised promissory note at the earliest convenience. Warm regards, [Your Name]

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Revised Promissory Note — [Loan Details] Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. I am writing to inform you about the changes made to the original promissory note pertaining to our loan agreement dated [Date of the original promissory note]. As per our recent discussions, it has become evident that certain modifications need to be made to ensure the smooth continuation of our financial arrangement. We have thoughtfully reviewed the terms and conditions outlined in the original promissory note and propose the following amendments: 1. Revised Principal Amount: — Original Principal Amount: $[Original Principal Amount] — Revised Principal Amount: $[Revised Principal Amount] 2. Revised Interest Rate: — Original Interest Rate: [Original Interest Rate]% — Revised Interest Rate: [Revised Interest Rate]% 3. Revised Payment Schedule: — Original Payment Schedule: [Original Payment Schedule] — Revised Payment Schedule: [Revised Payment Schedule] 4. Additional Clauses: — [Mention any additional clauses or conditions being introduced or altered] By incorporating these changes, we believe that the revised promissory note will accommodate any unforeseen circumstances while maintaining a mutually beneficial agreement. However, please review the revised terms carefully and seek legal advice before accepting them. Should you be in agreement with the proposed modifications, please signify your acceptance by signing and returning the enclosed copy of this letter along with the revised promissory note. Upon receipt of your acceptance, I will provide you with the revised promissory note, and we can proceed with the necessary documentation. In case any clarifications are required or if you have any concerns regarding the revised promissory note, please do not hesitate to reach out to me. I am readily available at [Your Phone Number] and [Your Email Address]. I believe that open communication is essential to maintain transparency and ensure a successful working relationship. Thank you for your prompt attention to this matter. I look forward to your positive response and the chance to finalize the revised promissory note at the earliest convenience. Warm regards, [Your Name]